PowerPoint Presentation With Animations & Infographics
- 2. Page 2 Portfolio/Investment/Fund Management solution overview Logo here Agenda Core Business Services 04 Homeland security data sources 12 Business research support 19 Finance: expenses 22
- 3. Page 3 Portfolio/Investment/Fund Management solution overview Logo here Discover: introduction/ice breaker Section01 Use of client information for enhancing engagement value by: ► Benchmarking ► Analysis financial data Vision overview First of its kind among any of XX’s offices globally or any other service line Initiated in October 2012 by Imran Ali, MENA Assurance Service Line Leader
- 5. Page 5 Portfolio/Investment/Fund Management solution overview Logo here Discover firm Golden rules Switch off mobile phones (emergency calls exempted)01 Be respectful of others02 Be punctual and return promptly from breaks03 Participate/ Network04 Ask questions05 Listen and support others06
- 6. Page 6 Portfolio/Investment/Fund Management solution overview Logo here Key responsibilities Directors' responsibilities Preparation and fair presentation of these consolidated financial statements in accordance with International Financial Reporting Standards, and for such internal control as the Board determines is necessary to enable the preparation of the consolidated financial statements that are free from material misstatement, whether due to fraud or error. Overall business performance and strategy of the Bank. Monitoring management performance, implementation of strategy by management and keep a watch over conflicts of interest and prevents abusive related party transactions. As prescribed in GIB’s Articles of Association, the Board is also responsible for planning at least four meetings per year, with further meetings to occur at the discretion of the Board Auditors’ responsibilities Obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, thereby enabling the auditor to express an opinion on whether the consolidated financial statements are prepared, in all material respects, in accordance with International Financial Reporting Standards. Report on the consolidated financial statements, and communicate as required by the ISAs, in accordance with the auditor's findings.
- 7. Page 7 Portfolio/Investment/Fund Management solution overview Logo here Data Secured information Patterns and trend Knowledge Decision Data analytics
- 8. The new revenue recognition standard journey five step model F. Plan approved A. Ignore B. Minimise/rationalise C. Paralysis Business events Finance transformation E. Waiting D. Address Accounting Policy Controls and processes Change management Systems and data Financial forecasting
- 9. New order A new breed of regional business leaders is being born. Their mission: to stimulate new economies, create fresh markets and break down cultural and geographic barriers. Regional business and its forward-thinking leaders have long recognized the importance of innovation and the critical role in plays in economic development. MENA’s transition towards a knowledge-based, diversified economy with reduced reliance on oil will depend on its progress and growth in entrepreneurship, technology and innovation. Around the world, a wave of peer-to- peer, access-driven businesses is shaking up established markets. Whether borrowing goods, renting homes, or serving up micro-skills in exchange for access or money, consumers are showing a robust appetite for the sharing-based economy. Today, the sharing economy together with the digital revolution are driving economic diversification efforts across the region. But technologies are only as good as the political and social context in which they are employed. A sharing economy is intrinsically borderless. The new generation of business leaders is breaking down geographic, cultural and tribal barriers by opening opportunities and access to products and services to build social solidarity, economic prosperity and sustainability. MENA’s economies are in the midst of a collision between technological breakthroughs, resource dependency challenges as well as social, political and demographic shifts. These colliding forces are shaping new business models that challenge the current concentrated monolithic private sector dominance by few. XX’s research on economic multipliers and current trends in the employment of nationals show there is a “sweet spot” where regional strengths, economic impact and nationals’ employment preferences meet, allowing all three factors to be achieved — our New Markets business represents the majority of sectors that fall into the economic sweet spot. Now our task is to build a movement to harness the power of the shared economy within and outside these sectors to drive economic diversification across MENA in different ways. This is the new order of New Markets. 01 02 03 0405 06 07 08
- 10. Page 10 Portfolio/Investment/Fund Management solution overview Logo here Security information and event management (SIEM) Monitor and alert significant events Real-time analysis of security alerts generated by applications Aggregation of data from multiple sources Monitor network traffic for any anomaly Monitor and analyse audit logs Real-time analysis of security alerts generated by network hardware Correlation of events SIEM
- 12. Page 12 Portfolio/Investment/Fund Management solution overview Logo here Homeland security data sources Data sources Financial transactions ► Debit/Credit card transactions ► Suspicious financial transactions ► Hawala (money laundering) transactions ► Inward/outward foreign exchange transaction Travel and tourism ► Illegal immigrants ► Passport/visa related data ► Airport clearance data ► Shipping port clearance data ► Railway/ferry travel data ► Hotel check in/check out data ► Rental car data ► Cab/Tourist booking ► Vehicle registrations data Surveillance data ► Street monitoring data ► Traffic monitoring data ► Forest/desert activities ► Monitoring activities around Religious places ► Log from critical national infrastructure network Other ► Cyber threat intelligence ► Cyber currency transactions (Bitcoin) ► Local, National and International Media ► Sales of critical/restricted drugs from Medical stores Communication channels ► CDR Records ► ISP ► Social Media ► Suspicious web pages activities ► Generic Email communications ► Online shopping patterns of suspicious goods ► Encrypted data communications ► Satellite phones ► Instant messaging data ► Illegal radio transmissions/spectrum usage ► Spy satellites feed Military intelligence ► Covert activities of other countries including neighbouring ones ► Costal/border threat intelligence ► Infiltration ► Drones usage ► Pirates ► Aerial Surveillance report ► Airspace monitoring feed Police intelligence ► Police investigation leads ► Crime patterns in the past ► Crime records ► Police intelligence data ► Drug ► Gold and Diamond (precious metals and stones) ► Prostitution ► Weapons ► Hospital admissions (crime/accidents) data ► Licensed gun/ammunition usage and monitoring ► Data from Security/Intelligence agencies ► Data from Third Party collaborators — Interpol, Regional agencies, etc. Imagery analysis ► Demographic change monitoring ► Crowd monitoring ► Traffic camera monitoring
- 13. Page 13 Portfolio/Investment/Fund Management solution overview Logo here Homeland security: overt/covert operations Incident analysis and response Social media monitoring ISP traffic monitoring Security monitoring and facility access monitoring Media relationship management National disaster recovery and response Cybersecurity program management Audit and compliance Monitoring of suspicious individuals Telephone tapping (Wiretapping) Insider threat monitoring Detection and Investigation of suspicious activities Security analytics ► Steganalysis ► Video analytics ► Big data analyticsCriminal profiling Digital monitoring of other countries Cybersecurity program management Overt Operations Covert Operations
- 14. Page 14 Portfolio/Investment/Fund Management solution overview Logo here How By giving: An overview of the standard, some common and industry sector specific issues Insights from client projects and roundtables
- 15. Page 15 Portfolio/Investment/Fund Management solution overview Logo here Telecommunications ► Removal of the cash cap, subsidised handsets bundled with service contracts (step 4) ► The portfolio approach ► Enterprise contracts ► Indirect channel sales ► Contract modifications and frequent new plans (step 1)
- 16. Page 16 Portfolio/Investment/Fund Management solution overview Logo here ► Generate more relevant questions to you and your team, as well as insights into your business ► Support our sample selection process to focus on transactions with higher risk ► Design analytical procedures at a greater level of disaggreqatlon ► Increase the ability to bring audit work forward due to improved effectiveness of our audit procedures ¡n the roll-forward period ► Strengthen our understanding of your business and financial statements by including all transactions in our analysis ► Enable us to make more appropriate assessments of risk based on the actual activity of the business ► Confirm our understanding of accounting transaction flow ► Consider operational effectiveness of segregation of duties ► Perform analytical procedures at a greater level of disaggregation ► Identify items with a higher risk of containing a material misstatement ► Identify patterns and anomalies, allowing the audit team to improve the design of our transaction-level tests ► Provide more insight and feedback on observations gained from executing our data analysis-driven procedures InterimPlanning Year-end and reporting How data analysis techniques increase the relevance and quality of our audits
- 17. Page 17 Portfolio/Investment/Fund Management solution overview Logo here Our intent Help progress your thinking on your implementation of the new revenue recognition rules
- 19. Page 19 Portfolio/Investment/Fund Management solution overview Logo here Business research support: Assurance research ► Pre-audit preparation ► UBT preparation ► Financial performance benchmarking ► Earnings call summary — preparatory notes ► Benchmark — Accounting/regulatory requirements ► Policies and Procedure manual preparation ► Regulatory/compliance research ► Executive profiling ► Corporate enablers/ company profiles ► Training material preparation ► Thought leadership papers Page 20 Portfolio/Investment/Fund Management solution overview
- 20. Page 20 Portfolio/Investment/Fund Management solution overview Logo here Key benefits Results can be exported to Excel, Word or PDF for further analysis. Reduces manual effort in compiling the financials for year-on-year analysis, trend analysis and peer comparison within sectors. Comprehensive access point for information not available elsewhere on core accounts (family business, private entities, etc.). Ratio analysis provides industry comparison and year-on-year analysis. Detailed benchmarking options with multiple criteria levels. Graphical representations for better and quick judgements.
- 22. Page 22 Portfolio/Investment/Fund Management solution overview Logo here Finance: expenses Expense claims iPhone bills Hotel accommodation Transportation cost (if applicable)Reimbursements Allowances Sundry expenses
- 23. Page 23 Portfolio/Investment/Fund Management solution overview Logo here PMDP timeline 01 Goal plan July–August 01 Step 02 Step Goal 02 Mid-Year review Dec–Jan 03 Year-end review May–Jun Feedback
- 24. Page 24 Portfolio/Investment/Fund Management solution overview Logo here Thank you
Editor's Notes
- #3: Given an overall agenda for the day